Consistent fall in Covid-19 cases kept the mood uplifted. However soon profit booking took over.
There seems to be a divided opinion among economists and policymakers
Pre-IPO investments are less likely to be affected by societal events that trigger shifts within the stock market, as shares are not yet made public
Indian equity indices exhibited a strong show on Thursday as firm global cues, fall in daily Covid-19 cases, and a stronger rupee kept market mood upbeat. Benchmarks opened the day higher and Nifty50 soon hit its new record high of 15,705. Markets traded in a tight range close to its record high levels through the […]
The six-member MPC is expected to keep the benchmark repo rate unchanged at 4%
On Wednesday, the Sensex settled 85 points or 0.16% lower at 51,849, while the Nifty ended just 1 point or 0.01% higher at 15,576
India’s market cap-to-GDP ratio has moved from 56% in FY20 GDP and now stands at 106% (FY21E GDP) which is way above its long-term average of 75%
"Lower interest rates, unstable economic growth and global inflation will push yellow metal higher," said Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities
Experts see Nifty remaining range-bound ahead of the RBI monetary policy announcements on June 4
Looking at the weak macro data points, one clearly sees a stark contrast in stock market performance to the real economic growth